The latest XSBI analysis reveals that small business jobs rose in October, despite the winding down of government support programs such as JobKeeper, while revenue experienced slower year-on-year growth.
Casual jobs continued to recover in October and have now risen 27% since the lowest point during the pandemic in mid-April 2020. Data shows that casual employment is now 3.7% below pre-crisis levels with growth of 1.7% over October as sectors supported by casual workers, like hospitality and retail, ramp up hiring ahead of the summer period.
For more information on how businesses fared in October including a state by state comparison, see our full update. If you’d like to see COVID-19 insights across Australia, the UK and New Zealand, see our XSBI website.